CMC Markets (LON:CMCX) Sets New 52-Week High - Time to Buy?

Key Points

• New 52-week high: CMC Markets shares reached a new 52-week high, trading as high as GBX 388.50 (last GBX 385.50) on Tuesday with about 1.45 million shares changing hands, roughly a 0.4% rise from the prior close of GBX 375.50.
• Valuation and momentum: The stock has a market cap of £1.05 billion, a P/E of 16.75 and a low beta of 0.56, while the 50‑day (GBX 334.84) and 200‑day (GBX 290.44) moving averages sit well below the current price, indicating recent upward momentum.

CMC Markets Plc (LON:CMCX - ) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 388.50 and last traded at GBX 385.50, with a volume of 1452112 shares changing hands. The stock had previously closed at GBX 375.50.

CMC Markets Trading Up 0.4%

The firm has a market capitalization of £1.05 billion, a PE ratio of 16.75 and a beta of 0.56. The business has a 50 day moving average price of GBX 334.84 and a 200-day moving average price of GBX 290.44. The company has a current ratio of 172.37, a quick ratio of 2.47 and a debt-to-equity ratio of 8.41.

About CMC Markets

CMC is a leading global provider of online trading and investing, with a comprehensive retail, professional and institutional offering. The business was started in 1989 with a simple ethos: to make financial markets truly accessible for investors. We are proud of our strong heritage and our successful 30-year track record as an innovator at the forefront of enabling digital trading for our clients.

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